Good morning! Below are the top tech startups news for today, Wednesday, January 8, 2020. Apple’s App Store platform grossed around $50 billion in 2019, paid $155 billion to developers since 2008. Tech giant Apple reported around $50 billion in sales from […]
Cloudflare, a San Francisco, CA-based provider of solutions that protect and accelerate any Internet application online, announced today that it has purchased S2 Systems Corporation. The amount and terms of the deal were not disclosed. With the acquisition, Cloudflare is expected to add […]
Startups are not the only companies that get acquired. Today, Xerox announced it has secured $24 billion in financing for its $33.5 billion takeover offer for HP Inc, a deal that the personal computer giant said it opposes, according to […]
Back in March 2019, Uber announced its acquisition of ride-hailing startup Careem for $3.1 billion. Last week, Uber finally completed the acquisition after completing various regulatory requirements. As part of the acquisition, Careem Networks FZ-LLC became a wholly-owned subsidiary of Uber, […]
Year 2019 is almost behind us. We’re about 30 hours from the beginning of a new decade. As we look back at 2019, it’s worth looking at some of the top tech startup stories that attracted the most attention during the […]
VMWare is closing the year in a really big way. Today, the tech giant announced it has closed $2.7 billion acquisition of Pivotal, a cloud software company that provides digital transformation technology and services. VMWare made the original announcement in August. […]
Social network giant Facebook quietly acquired Packagd a small video-shopping startup that offers new mobile shopping experience, according to a report from Bloomberg, citing people familiar with the plans. The financial terms of the deal were not disclosed. The acquisition, according to […]
IT procurement and services company, Arkphire, today announced the acquisition of Trilogy Technologies, one of Ireland’s leading independent ICT Managed Services providers. The financial terms of the deal were not disclosed. The deal marks the first major move of significant […]
We featured Gympass back in October when the Brazil-born fitness startup Gympass launched NYC Tech Hub with Kiril Tsemekhman following its recent $300M funding from Softbank. Today, the world’s largest corporate fitness platform, announced it has acquired Flaner, a digital […]
Chipmaker Intel announced Monday it has acquired Habana Labs, an Israel-based developer of programmable deep learning accelerators for the data center, for approximately $2 billion. The acquisition will help the tech giant expand its AI portfolio to bolster its data-center business. The […]
Good morning! Below are some of the top tech startup news for today, Monday, December 16, 2019. Intel buys Israeli AI startup Habana Labs for $2 billion. Intel Corp has bought Israel-based artificial intelligence (AI) firm Habana Labs for about $2 […]
Just last month, we wrote about the Baltimore, Maryland-based Jellyfish when the company received a massive investment boost from French group Fimalac. Today, Jellyfish announced it has acquired creative agency startup, Social Life. This is Jellyfish’s fourth acquisition in 2019 […]
Enterprise artificial-intelligence platform company DataRobot has reached a deal to acquire Paxata, an analytics and AI startup that provides the first adaptive data preparation platform built for the analyst to turn raw data into ready data for analytics. The financial terms […]
Apple has quietly acquired Spectral Edge, a UK-based AI startup and developer of technology that improves smartphone pictures for undisclosed terms, according to a report from Bloomberg. Apple was predictably quiet about the acquisition and the startup’s website is wiped […]
Waymo, a self-driving startup owned by Google’s parent company, Alphabet, is making its push into Europe with the acquisition of Latent Logic, a self-driving AI startup with roots in Oxford University’s award-winning machine learning department, according to a report from The […]
Germany’s Delivery Hero is buying South Korea’s top food delivery app Woowa for $4 billion in world’s biggest food app deal. The deal, announced on Friday by Delivery Hero, is the biggest global play so far for a food delivery app, […]
Securitize, a San Francisco-based platform for creating and managing digital security tokens on the blockchain, has acquired BUIDL, the Japanese consulting and development firm for blockchain technology. The acquisition will help Securitize to accelerate its expansion in the region and […]
Applied Systems, a provider of insurance software in agency management systems, announced it’s acquiring Indio Technologies, a workflow management platform for P&C insurance applications and renewals. The deal aims to accelerate digitization in the insurance industry, which will provide customers with a […]
We’ve written about Xometry before, which you can check out here. The Maryland-based Xometry is the world’s largest marketplace for On-Demand manufacturing. Today, Xometry announced it has acquired Munich-based Shift, the largest On-Demand manufacturing marketplace in Europe. Through the acquisition, Xometry will […]
Tech Data, the world’ largest technology distributor, has agreed to be bought by private-equity firm Apollo Global (APO) in a sweetened offer worth $5.14 billion excluding debt, or $145 per share. Tech Data Tech is used by tech companies like HP, […]
